Microsoft MB-310 - Microsoft Dynamics 365 Finance Functional Consultant

Microsoft MB-310 Actual PDF
  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Nov 03, 2026
  • Q & A: 364 Questions and Answers
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About Microsoft MB-310 Exam

You can read the Microsoft MB-310 Certification Exam advantages below

  • When an organization hiring or promotion an employee, then the decision is made by human resources. Now while Candidate may have an IT background, they do their decisions in a way that takes into record many different factors. One thing is candidates have formal credentials, such as the Microsoft MB-310 .
  • After completing the Microsoft Certified Dynamics 365 Finance certification, Candidate becomes a solid, well-rounded Microsoft Certified MB-310 Exam.
  • If the Candidate has the desire to move up to a higher-paying position in an organization. This certification will help as always.
  • A candidate might have incredible IT skills. Employers that do the hiring need to make decisions based on limited information and as it always. When they view the official Microsoft Dynamics 365 Finance certification, they can be guaranteed that a candidate has achieved a certain level of competence.

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You can read the Microsoft MB-310 Certification Exam Requirements

Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.

Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.

  • Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Implement and Manage Accounts Payable and Receivable25-30%- Implement Accounts Payable
  • 1. Implement invoice and payment workflows
  • 2. Configure accounts payable parameters and payment terms
  • 3. Set up vendors, vendor groups, and vendor posting profiles
  • 4. Configure charges and multi-lined invoice scenarios
  • 5. Implement and process vendor payments
- Implement Accounts Receivable
  • 1. Configure accounts receivable parameters and payment terms
  • 2. Implement and process customer payments
  • 3. Configure and manage collection letters and interest
  • 4. Set up customers, customer groups, and customer posting profiles
  • 5. Implement free text invoices and sales orders
Implement and Manage General Ledger and Cost Accounting25-30%- Implement Cost Accounting
  • 1. Create cost control units and cost groups
  • 2. Implement cost allocations and cost behavior
  • 3. Configure and process budget configurations
  • 4. Configure cost accounting module
- Implement General Ledger
  • 1. Configure and manage intercompany accounting
  • 2. Implement advanced ledger structures
  • 3. Configure and process financial consolidation
  • 4. Implement periodic processes and allocations
  • 5. Configure and process journal entries
Implement and Manage Fixed Assets10-15%- Configure Fixed Assets
  • 1. Implement fixed asset acquisition, depreciation, and disposal
  • 2. Implement fixed asset tracking and reporting
  • 3. Configure fixed asset books and value models
  • 4. Set up fixed asset depreciation methods and conventions
  • 5. Configure fixed asset parameters and groups
Configure and Implement Core Financial Functions20-25%- Implement and manage financial structures
  • 1. Create and manage legal entities
  • 2. Set up ledgers, currencies, and exchange rates
  • 3. Configure chart of accounts and account structures
  • 4. Configure fiscal calendars, fiscal years, and periods
  • 5. Implement financial dimensions and dimension sets
- Configure cash flow management
  • 1. Implement petty cash and workflow for cash management
  • 2. Set up cash flow forecasts
  • 3. Configure bank management and bank accounts

Microsoft Dynamics 365 Finance Functional Consultant Sample Questions:

Question #1

A company uses Dynamics 365 Finance. The company sells extended warranty services that use a project fee journal.
You need to recognize unearned revenue for the extended warranty service over time.
Solution: Configure the project ledger posting for the fee category to post to the unearned revenue account set up an accrual scheme, and use the general journal with the accrual scheme to recognize the unearned revenue.
Does the solution meet the goal?

  • A. No
  • B. Yes
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

A company uses basic budgeting functionality in Dynamics 365 Finance.
The company wants to add fixed asset depreciation expenses to its budget register entry. The depreciation expense must be automatically calculated.
You need to create budget register entries for fixed asset depreciation expense.
Which four actions should you perform in sequence?
To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

Question #3

You are setting up a budget plan to accurately portray the projected budget for a company.
You need to select the appropriate allocation method for data distribution.
Which allocation methods should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planning-data-allocation

Question #4

You are implementing cost management for a company.
The company requires inventory posting profiles to control the posting of inventory subledger transactions to the general ledger separately for receiving and invoicing and for each individual legal entity.
You need to set up the inventory posting profiles.
Which two configurations should you use? Each correct answer presents a complete solution. Choose two.
NOTE: Each correct selection is worth one point.

  • A. Assign posting profiles based on item groups and transaction types.
  • B. Assign posting profiles at the global level.
  • C. Configure posting profiles to use different ledger accounts for physical and financial updates.
  • D. Configure inventory posting profiles individually for each vendor.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #5

You need to configure the system to meet invoicing requirement.
Which features should you use? To answer, drag the appropriate features to the correct requirements. Each feature may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Reveal Solution  Discussion  0

Correct Answer:


Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/vendor-invoices-overview

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